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PM Modi invites Spanish CEOs to explore economic opportunities in India

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Source: Indian Express

On Wednesday, Prime Minister Narendra Modi met CEOs of top Spanish companies and invited them to join the country’s flagship initiatives like ‘Make in India’, saying they could tap the huge market in the fast-growing economy.

“Met top CEOs of the Spanish industry and urged them to explore the economic opportunities in India,” Prime Minister Modi tweeted.

As he held a roundtable discussion with the leading Spanish businessmen, he asserted that there is an immense potential for further growth of Spanish investments in India. Mentioning that sectors such as infrastructure, renewable energy, food processing, auto, chemicals and textiles have a scope of profit, he invited Spanish participation in the Smart Cities initiative. Modi also gave a broad overview of the economic reforms undertaken in India, including the GST.
He added that initiatives, like Make in India, Digital India and Startup India, have become a global attraction for investment.
Prime Minister Narendra Modi interacted with CEOs of leading Spanish companies with a global footprint, Ministry of External Affairs Spokesperson Gopal Baglay tweeted.

He invited them to look anew at a new India emerging with government’s push for economic growth,” he said in another tweet.

Notably, PM Modi, the first Indian prime minister to visit Spain since 1992, met the European country’s top leadership and said India and Spain maintain close and cordial relations and he sees great potential in this collaboration.

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